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Unified Energy System

July 14, 2006

OGK-4 shares admitted to two trading floors

Moscow. July 14, 2006. Shares in OGK-4 have been admitted as non-listed shares to the trading floor of RTS Stock Exchange today.

Earlier, July 12, 2006, OGK-4 shares were included in the non-listed stock list of the Moscow Interbank Currency Exchange (MICEX).

It is planned that OGK-4 shares will begin to be traded at RTS and MICEX not later than August 1, 2006, after the state registration by the Federal Financial Markets Service (FFMS) of the reports on the results of issues of additional OGK-4 shares placed under the Company's consolidation.

To date, apart from shares in OGK-4, shares in Mosenergo (TGK-3), TGC-6, OGK-3, and OGK-5 have been admitted to stock exchanges. It is expected that before the end of 3Q06 shares in the following companies will enter the organized market: TGC-5, TGC-8, TGC-9, OGK-2, and OGK-6.

OGK-4 is an open joint-stock company registered in Surgut on March 4, 2005. Its General Director is Andrey Kitashev. The participation of RAO UES of Russia in the establishment of OGK-4 as its wholly-owned subsidiary was approved by the November 26, 2004, meeting of the Board of Directors of RAO UES of Russia.

The formation of the intended structure of OGK-4 was completed on July 1, 2006. OGK-4 comprises Berezovskaya TPP, Smolenskaya TPP, Surgutskaya TPP-2, Shaturskaya TPP, and Yaivinskaya TPP.

OGK-4 is on the list of pilot projects designed to attract investments in company development through the additional issue of shares.

 

 

 

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